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Lender calls for significant change in property tax in the UK

Stamp duty in the UK residential market remains a significant obstacle for house buyers to address and should be reformed, according to one of the country’s leading lenders. The Yorkshire Building Society is urging the Government to reform the property tax so that it is paid by sellers rather than buyers as this would help […] The post Lender calls for significant change in property tax in the UK appeared first on PropertyWire . Continue reading

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Survey reveals SME builders constrained by lack of suitable land for new homes

A lack of available and viable land is the biggest barrier to small and medium sized builders in the UK delivering more new homes, new research shows. It is the second year in a row that the majority of SME house builders have cited this as the biggest issue preventing them from building more homes, […] The post Survey reveals SME builders constrained by lack of suitable land for new homes appeared first on PropertyWire . Continue reading

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Home sales down in Canada for fourth month in a row

Nationally home sales fell 3.1% in Canada from July to August, the fourth consecutive decline in a row, the latest index data shows. However, actual (not seasonally adjusted) activity came in 10.2% above August 2015, according to the index report from the Canadian Real Estate Association (CREA). The data also shows that the national average […] The post Home sales down in Canada for fourth month in a row appeared first on PropertyWire . Continue reading

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